... end of September and expanded to all producers (including the largest oil companies). Partial Resumption of Exports from October: It is expected that from October restrictions will be partially eased – if the market balance improves by then, major oil refineries may be allowed to resume some exports abroad, while embargoes will likely remain for independent oil depots, traders, and small refineries. Control over Fuel Distribution: One of the reasons for supply shortages has been unplanned shutdowns ...

... a planned visit to Washington, where a large trade deal was supposed to be concluded. China, another key buyer of Russian oil, is also optimizing its import structure in response to new realities. According to analysts from Energy Aspects, Chinese refineries have significantly reduced the volume of oil requests from their traditional partner, Saudi Arabia, due to the increased availability of cheaper Russian oil. The rise in exports from Russia has allowed China to diversify its supplies and achieve more favorable pricing terms, gradually pushing ...

... prices for automotive gasoline and diesel, creating tension for consumers and the market. The reasons include seasonal factors (increased summer demand, particularly for agricultural fuel and lubricants) and reduced supply due to planned repairs at oil refineries (OR). Many refining companies have taken capacities offline for maintenance in June and July, temporarily reducing gasoline and diesel production. As a result, wholesale prices on the St. Petersburg International Mercantile Exchange approached ...

... list of potential bilateral projects for collaboration between Russia and the United States is extensive, ranging from oil extraction in the Kara and Okhotsk Seas to the import of technologies for liquefied natural gas (LNG) and the supply of Russian oil to American refineries, experts told RIA Novosti. Earlier, negotiations were held in Anchorage, Alaska, between Russian President Vladimir Putin and U.S. President Donald Trump. Following the summit, Putin stated that Russia and the U.S. have much to offer each other ...

... so-called “spillovers” that drove up prices). The Ministry of Energy, the Federal Anti-Monopoly Service, and the Saint Petersburg International Commodity and Raw Materials Exchange are developing long-term measures to promote direct contracts between refineries and end consumers in order to eliminate unnecessary intermediaries. Subsidies and Dampers: Financial mechanisms continue to support the industry. Budget subsidies and adjustments to the damper mechanism (reverse excise tax) compensate oil refiners for lost export revenues, encouraging them to direct more gasoline and diesel to gas stations. At the end of August, the government decided to expand the allowable deviation of exchange prices from benchmark levels (from 10% to 15% for gasoline ...